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Coinbase has announced the listing of Euro Coin (EUROC), a stablecoin backed by the euro and issued by the same entity behind USDC. Starting February 22, users can begin trading EUROC, provided supply conditions are met. However, Coinbase has labeled EUROC as “experimental,” a designation for newly launched tokens or
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On February 21, LayerZero, the cross-chain protocol behind Stargate Finance (STG), announced the launch of its new product, Testnet Bridge. Testnet Bridge connects Ethereum's mainnet with the Goerli testnet, providing developers with a way to transfer assets between Ethereum and Goerli. LayerZero has established swap pools via Uniswap
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As part of its restructuring process, the Klaytn Foundation is seeking approval from the Governance Council to burn nearly half of the total KLAY token supply. The Klaytn Foundation has submitted a proposal to the Governance Council to reduce the total KLAY supply by burning 5.28 billion KLAY out
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Google Cloud, the cloud services arm of the tech giant Google, will become one of the validators for the proof-of-stake Tezos blockchain. According to the announcement, Google Cloud's enterprise clients will now be able to deploy nodes on Tezos, running blockchain software to validate and store transaction history,
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Alchemy Pay has announced its integration with Google Pay, enabling users to transact cryptocurrencies directly using their bank cards. On February 20, the fiat-crypto payment gateway Alchemy Pay revealed support for Google Pay, aiming to simplify and expedite cryptocurrency transactions for users. 📢ANNOUNCEMENT📢#AlchemyPay Adds Google Pay for On-Ramp Fiat-Crypto
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Huobi Token (HT) saw a significant 24% increase in price following news that Huobi is registering for operations in Hong Kong. This surge has brought HT to its highest level since December 2022. On February 20, news emerged that Hong Kong is considering allowing individual investors to trade major cryptocurrencies.
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The vibrant activity on the Ethereum network in the first two months of 2023 has contributed to a continued decline in ETH supply. According to data from Ultrasound.money, as of the morning of February 21, 2023, the supply of Ethereum (ETH) has decreased by over 30,600 ETH since
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Tech giant Microsoft has selected Ankr as a partner to build blockchain node services for enterprise clients. Microsoft and blockchain infrastructure provider Ankr have established a partnership, under which Ankr will offer blockchain node solutions to enterprise customers through Microsoft's technology. These blockchain node services will be built
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German giant Bosch and the AI-focused protocol Fetch.ai have announced a partnership to establish the Fetch.ai Foundation. The Fetch.ai Foundation will focus on the research and development of Web3, the third generation of the internet built on blockchain technology with tangible real-world applications. The project will be
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On February 21, Polygon Labs, the team behind the Polygon blockchain, announced it has reduced its workforce by 20%, laying off 100 positions. The decision is part of a company-wide restructuring, which involves merging all departments into a single entity, Polygon Labs, and retiring the “Polygon Studios” brand. "Our
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After receiving strong support from the community, Helium has confirmed its migration to the Solana blockchain, with the exact date set for March 27, 2023. On February 17, Helium (HNT) published a blog detailing its plan to transition to the Solana network. The project has established the Upgrade Readiness Working
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Following the recent US CPI data release, BTC prices have surged and are currently trading sideways around $24,500. Last week’s plan to buy altcoins proved successful, with numerous wins across the ZK, LSD (Lido), and DOT ecosystems. Let's dive into the analysis and trading plan for
